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market analysis

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
market analysis [′mar·kət ə‚nal·ə·səs]
(industrial engineering)
The collection and evaluation of data concerned with the past, present, or future attributes of potential consumers for a product or service.


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Basically a comparative market analysis is a special report of comparable home sales.
The market analysis section of your business plan will help you understand the domain in which you plan to operate.
Conducting market analysis will significantly help you to prepare to enter a new market.
 
 
 
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